Stock Market & Financial Investment News

Canadian Supreme Court rules against broadcasters in value-for-signal caseThe Supreme Court of Canada overturned a decision that the Canadian Radio‑television and Telecommunications Commission is allowed to adopt a policy establishing a market‑based, value for signal regulatory regime. The policy would empower private local television stations, or broadcasters, to negotiate direct compensation for retransmission of signals by cable and satellite companies, or broadcasting distribution undertakings--BDUs, as well as right to prohibit BDUs from retransmitting those signals if negotiations unsuccessful. The decision is viewed as a loss for BCE Inc. (BCE) and a win for TELUS (TU), Rogers Communications (RCI) and Shaw Communications (SJR).

TELUS Health acquires Medesync TELUS Health completed its acquisition of Medesync, a certified EMR product, which will aim to bring a web-based interface to TELUS' EMR portfolio in Quebec. The agreement includes the transition of Medesync employees and expertise to TELUS Health, which will allow TELUS to provide Medesync customers with consistent service.